According to some experts, the introduction of bitcoin-tracking exchange-traded funds (ETFs) in the United States strengthens the connections between the volatile cryptocurrency market and the established financial system, possibly posing unanticipated risks. This month, the SEC (Securities and Exchange Commission) approved eleven spot bitcoin ETFs from issuers, such as BlackRock and Invesco/Galaxy Digital. This was … Continue reading Analysis: US Bitcoin ETFs raise concerns about broader financial system risks.